Century Mutual Ins Co
Major Rating Factors:
Fair profitability index (4.6 on a scale of 0 to 10) with operating losses during 2020, 2022, 2023 and the first six months of 2025. Return on equity has been low, averaging 0.6% over the past five years. Fair overall results on stability tests (3.0) including. Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (84.9%), farmowners (7.4%), fire (4.0%), other (3.6%)
Licensed in:
NC
Principal Investments:
Investment grade bonds (52.3%), common stock (37.0%), cash (7.4%), real estate (0.4%), other (2.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
Five Terrace Way
Greensboro, NC 27403
Greensboro, NC 27403
Phone Number
(336) 855-0442
NAIC Number
13725
Website
Largest Affiliates
No affiliate information available.